Chinese sales slump hits O-I but cost-cutting reaps rewards
date:Apr 27, 2012
g initiatives in all regions.

Looking ahead to Q2 2012, Stroucken said O-I was looking to its pricing strategy and operational efficiencies to drive improved performance, especially in North America, and that financial outlook for H2 2012 was tracking in line with H2 2011.

O-I also had to remain flexible to match capacity with demand, O-I said, primarily in Europe where demand uncertainty was greatest.
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